Moelis Correlations

MC Stock

USD 59.41 0.79 1.31%

The current 90-days correlation between Moelis and Lazard is 0.71 (i.e., Poor diversification). The correlation of Moelis is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Moelis Correlation With Market

Very weak diversification

The correlation between Moelis Co and DJI is 0.57 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Moelis Co and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Moelis Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Moelis Stock

0.92	BN	Brookfield Corp	Pair Corr
0.83	BX	Blackstone Group Normal Trading	Pair Corr
0.92	CG	Carlyle Group	Pair Corr
0.73	GS	Goldman Sachs Group	Pair Corr
0.66	LC	LendingClub Corp	Pair Corr
0.85	MS	Morgan Stanley	Pair Corr
0.94	PX	P10 Inc	Pair Corr
0.83	RC	Ready Capital Corp	Pair Corr
0.91	RM	Regional Management Corp	Pair Corr
0.93	SF	Stifel Financial	Pair Corr
0.88	VCTR	Victory Capital Holdings	Pair Corr

Moving against Moelis Stock

0.69	LU	Lufax Holding	Pair Corr
0.67	DB	Deutsche Bank AG Buyout Trend	Pair Corr
0.56	DX	Dynex Capital	Pair Corr
0.47	LX	Lexinfintech Holdings	Pair Corr
0.68	TW	Tradeweb Markets	Pair Corr
0.6	DMYY	dMY Squared Technology	Pair Corr
0.48	WU	Western Union	Pair Corr
0.37	XP	Xp Inc	Pair Corr
0.75	DYCQ	DT Cloud Acquisition	Pair Corr
0.53	EMCG	Embrace Change Acqui	Pair Corr
0.49	VMCA	Valuence Merger Corp	Pair Corr
0.41	WINV	WinVest Acquisition Corp	Pair Corr
0.35	EMCGR	Embrace Change Acqui	Pair Corr
0.32	EMCGW	Embrace Change Acqui	Pair Corr

Related Correlations Analysis

	LAZ	PJT	HLI	PIPR	PWP	EVR	JEF	SRL	SF
LAZ		0.84	0.89	0.86	0.83	0.79	0.69	-0.18	0.82	LAZ
PJT	0.84		0.84	0.78	0.74	0.68	0.54	0.11	0.77	PJT
HLI	0.89	0.84		0.92	0.94	0.88	0.77	-0.07	0.94	HLI
PIPR	0.86	0.78	0.92		0.93	0.96	0.89	-0.23	0.89	PIPR
PWP	0.83	0.74	0.94	0.93		0.93	0.83	-0.13	0.95	PWP
EVR	0.79	0.68	0.88	0.96	0.93		0.96	-0.26	0.88	EVR
JEF	0.69	0.54	0.77	0.89	0.83	0.96		-0.32	0.78	JEF
SRL	-0.18	0.11	-0.07	-0.23	-0.13	-0.26	-0.32		0.03	SRL
SF	0.82	0.77	0.94	0.89	0.95	0.88	0.78	0.03		SF
	LAZ	PJT	HLI	PIPR	PWP	EVR	JEF	SRL	SF

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

EVR	+ 0.96	PIPR
JEF	+ 0.96	EVR
SF	+ 0.95	PWP
PWP	+ 0.94	HLI
SF	+ 0.94	HLI
PWP	+ 0.93	PIPR

High negative correlations

SRL	- 0.32	JEF
SRL	- 0.26	EVR
SRL	- 0.23	PIPR
SRL	- 0.18	LAZ
SRL	- 0.13	PWP
SRL	- 0.07	HLI

Risk-Adjusted Indicators

There is a big difference between Moelis Stock performing well and Moelis Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Moelis' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
LAZ	1.99	(0.08)	0.00	(0.14)	0.00	0.00	4.04	(4.56)	14.41
PJT	1.59	(0.07)	0.00	(0.15)	0.00	0.00	3.41	(2.79)	11.57
HLI	1.38	(0.07)	0.00	(0.16)	0.00	0.00	1.98	(3.01)	8.89
PIPR	1.56	(0.22)	0.00	(0.26)	0.00	0.00	2.82	(3.91)	9.43
PWP	2.22	(0.23)	0.00	(0.25)	0.00	0.00	4.67	(5.26)	14.41
EVR	1.86	(0.39)	0.00	(0.35)	0.00	0.00	2.33	(5.48)	11.75
JEF	1.87	(0.31)	0.00	(0.27)	0.00	0.00	2.51	(4.71)	13.30
SRL	2.43	0.27	0.13	2.48	2.48	(3.04)	4.40	(4.12)	41.32
SF	1.51	(0.07)	0.00	(0.15)	0.00	0.00	2.35	(4.04)	7.51

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